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ExxonMobil is suing investors who want tougher action on climate change
- ArekDymalski 3y agoIt's the most outrageously cyberpunkish thing I read this week and despite my love for the genre I must admit that living it is less fun than reading it.
- fuzzfactor 3y agoIn the top picture of the article, they show Exxon, Apache, Chevron, and Core Lab data on the prominent NYSE energy trading screen. One of these is not like the others.
- wtatum 3y agoThat's this https://apacorp.com/ https://apacorp.com/ Apache
- jijijijijjjj 3y ago[flagged]
- gustavus 3y agoSo the TL;DR is a pair of activist investors have been submitting the same or similar proposals around carbon emission reduction repeatedly for years and Exxon is alleging that this is in violation of SEC rules about how often the same proposal can be filed and seeking enforcement.
- nielsbot 3y agoI mean… fine. But at some point this is people (along with other people) trying to do nothing about climate change. May pessimistic take is: We all better pray “market forces” deal with this problem because that’s the only way carbon emissions will end.
- consumer451 3y agoFunny you should say that, as Exxon's CEO blames consumers for not acting. > Exxon CEO blames public for failure to fix climate change https://thehill.com/policy/energy-environment/4494543-exxon-ceo-blames-public-for-failure-to-fix-climate-change/ https://thehill.com/policy/energy-environment/4494543-exxon-...
- onemoresoop 3y agoReminds me of drug dealers blaming the users they hooked them up in the first place.
- y-c-o-m-b 3y agoWhile he's more than likely morally and ethically bankrupt and manipulating the situation, he's technically not wrong with placing some blame on the public. I think last I saw, 40% of people still didn't believe climate change was impacting them. A good chunk don't believe in climate change at all. The average Joe/Jane is still buying gas-guzzling vehicles.
- consumer451 3y agoSure, if we were all not easily programmed meat machines, who don't live in a world where $ = speech = programming, then we would all be equally to blame. Meanwhile some people are gluing themselves to roads in desperate protest, and we make fun of them because they are inconvenient.
- nielsbot 3y agoAnd a big part of people not believing in climate change is a persistent and pervasive disinformation campaign by oil companies and the wealthy.
- neverrroot 3y agoI'm trying to learn more about what disinformation is, could you please post your thoughts under the following Ask HN post? https://news.ycombinator.com/item?id=39554369 https://news.ycombinator.com/item?id=39554369
- moi2388 3y agoBuy more stocks and fire the board
- Steven420 3y agoThat's a lot of stock
- toomuchtodo 3y agoImagine having to buy up magic bits to try to save the planet from corporate paperclip maximizers. What a timeline.
- euroderf 3y agoIt would be more realistic to try to nationalize them purraps.
- ZenMasterThis 3y agoSo the investors are being sued by the company they own shares in. In a sense, then, the investors are suing themselves.
- c22 3y agoThis is no different than when someone sues the state.
- debug-desperado 3y agoOr suing your HoA.
- onemoresoop 3y agoOr HoA suing you...
- deleted 3y ago[deleted]
- egberts1 3y agoOr a teenager suing her parents ...
- deleted 3y ago[deleted]